BOJ’s Takata: We won’t evaluate currencies by focusing on certain levels

  • Overseas factors having greater impact on currencies
  • We need to stand ready to flexibly respond to uncertainty
  • Action in July was a flexible response

The fact that he is being rather sensitive about currency developments might spook yen shorts a little. USD/JPY is down at the lows for the day, lower by 0.35% at 147.20 currently.

This article was written by Justin Low at Source